£623,666
This estimated value is based upon the latest sale price for the house of £622,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 Portland Road, South Norwood, SE25 4UX
Phone: 02036412317
Price Paid | Date |
---|---|
£622,000 | 13 Jan 2023 |
£500,000 | 16 Jan 2018 |
£360,000 | 21 Apr 2017 |
£110,000 | 22 Dec 1999 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £622,000 results in an estimated price of approximately £623,666.
13 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £622,000 | £1,666 | £623,666 |
The Postcode Pricing Model uses changes in average sales price within the SE25 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 4.718 % | £29,344 | £651,344 |
3 Month Average | 11.499 % | £71,524 | £693,524 |
6 Month Average | -2.431 % | £-15,122 | £606,877 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £480,000 | £480,000 | 91 DUNDEE ROAD |
8 Apr 2024 | £393,416 | £390,000 | 25 BELMONT ROAD |
12 Sep 2023 | £460,143 | £450,000 | 60 DUNDEE ROAD |
3 Aug 2023 | £351,337 | £345,000 | 10 FERNDALE ROAD |
13 Jan 2023 | £623,666 | £622,000 | 34 DUNDEE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Oct 2016. Using an estimated price of £623,666 means this house is valued at £5,721 per sq meter (£531 per sq foot).
The average size of a house on DUNDEE ROAD is 92 sq meters (997 sq feet).